1278 Pennsylvania St
Capitol Hill Retail - 6.54% CAP - 5,985 SF
Marketing description
NAI Shames Makovsky is pleased to present 1278 N Pennsylvania Street, Denver, CO 80203 for sale. The property is 100% leased under a NNN basis with minimal landlord responsibilities. It is leased to two tenants: The Pub on Penn and King’s Smoke & Vape. This is rare retail investment opportunity in the heart of one of Denver’s most Vibrant neighborhoods, Capitol Hill. The property boasts fantastic visibility on the signalized, hard corner of 13th and Pennsylvania, an abundance of off-street parking, and great accessibility to major thoroughfares in Denver such as Broadway, Colfax, and Speer Blvd. This opportunity is a great option for investors in a 1031 exchange or those looking for a rare, stabilized, investment opportunity in Denver.
*Contact broker for rent roll and more information
Investment highlights
PRICE: $2,895,000
NOI - 2/1/2025: $189,270
CAP RATE: 6.54%
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